Daily Steem Price Update 20/1/2023steemCreated with Sketch.

in #steemit2 years ago

Good day Steemian and welcome to today's Steem price update for 20/1/2023.
I have been posting the Steem price update since almost the very beginning of Steemit.com back in 2016 along with other content.
Many have came here to discuss the daily Steem price's and recent STEEM changes for over 6 years.

If you tire of addictively looking at the charts every few minutes then instead just relax and look here for the average STEEM price for your daily plan or strategy.
And even if you are not planning to do anything with your STEEM I still recommend checking out these updates every so often.
So without further ado lets take a look at today's Daily Steem Price for 20/1/2023.

Should you be trading with STEEM today...?


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(Images By: @simonjay)


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With such a fall in price this actually helps us with collecting more Steem for our main goal this year. In 2023 what we are aiming for is to finally reach Orca or in other words this means holding a total of 50k Steem Power. Due to the price drop and the continued support from you guys we actually managed to hit 43k before going into 2023 which was definitely great. However it could of been a lot better but we lost some support a long the way, although we also gained some and so I guess it's not all bad. We must remember to celebrate what we have rather then feel sad about what could of been. But since then the price as gone up a bit on most coins including Steem, yes it's a good sign but not for reaching our goal lol, still Steem sells at good price and many experts claim this jump in the market is just a fake incentive to get people interested in buying again. Anyway these days our average daily electrical usage as got so much more costly for us when it's compared to just a few months back. And since the 1st of Jan it once again went up in price as these greedy energy companies just don't stop milking all they can from the people. That's one thing I really don't like going up in price.. well that and among the many other things which recently also went up in price. I mention this as it cuts into investment and these cold months don't help either. I doubt January will bring much better with the weather being colder, the cost of living spiralling upwards and hitting hard, this leaves many wondering when will it get better and when will it all stop? The bad news is most likely it won't, I mean it never as before so why do people continue to think there will be a reverse on these costs at some point? On Jan 14th I saw a news article asking the same thing and claiming as we go deeper into the year that the cost of living will get better there have been so more claiming this since then. But I don't ever remember hearing or ever seeing the cost going down, it always goes up so good luck with that. Apparently the reasoning for all this is the war in Ukraine, but honestly if that's the case we must be literally getting almost every single thing from 2 very specific countries. Still the on-going war is a terrible moment in our history as Vladimir's army doesn't stall at the boarder, they instead attack, strike up fear, call treats and cast sadness into the lives of many. A war that if we are not too careful could just be what spells the beginning of the end. Best keep an eye on those politicians and refuse war at all costs, as continued provocation is on-going "we do NOT want WW3" but perhaps to stop that it may be already much too late.

As for Steem there is a website from the stmpak.wit witness team who are collecting information on different Steem Apps as they compile a list to make such applications easier to find. If your interested in Steem related apps or want to place your own app check out SteemDapps. Steem took a big fall ever since the bitcoin downwave from 60k this sadly also took down the value of SBD's, however it had done a good job at holding around that important $3 mark for many months my hope is now that SBD's can once again secure this value for when Steem does eventually go back up. So far it's looking healthy to be doing just that, still the effects of Bitcoin falling as made it so that there's a lot of cheap Steem out there, and that's been catching my attention. It's what I like about Steem, it still offers so much opportunity for those investors who realise the enrichment that comes from holding such a token. In one way I wanted the crypto market to remain on the lower end for a while longer, this is to try and get some discounts on various cryptos and in turn hopefully getting a small ROI. It seems we have indeed been gifted with another "even sweeter" deal.. well that is if you're a buyer. But how long will it last.. that's the question? I must admit I thought that by now it would of already recovered. Experts estimate a long recovery time "2025". Well I'm in no rush for it to go back up, our intensions with these trades is to simply continue having a means of building-up a little more Steem Power. As for TRX there was also a drop in price but wait.. once again we have stopped receiving TRX rewards.. There sure seems to often be issues with receiving these TRX rewards and so I do wish they would focus a little more on this re-occurring problem as it looks so bad on Steemit. From what is understood initially there was bug/issue with how TRX was being distributed, from what I could see instead of receiving half we was still getting almost the full amount. It is a little surprising just how long it was taking them to basically cut the TRX rewards in half, I mean wasn't this announced like back in October 2022..? The team were saying that all these TRX rewards from it's down date will still be received into our wallets once the issue as been resolved. Hopefully this will happen but I'm assuming what will be received is the TRX "at the new rate of earning" and not the rewards we had previously seen being displayed. There was a note saying that the issue would be fixed before Christmas but to no surprise it's halfway into the first month of the new year and still nothing. However we do seem to have the correct amount being displayed on the wallet page now.. progress? I hope so... actually I received some TRX on the 10th of Jan but when I next receive rewards I checked the following morning to see if they were received and even checked today but there's still nothing coming throught.

Since the past few years have been mostly awful I don't expect this one being much better, people just seem to be getting worse, losing themselves more and more and doing horrendous things to each other. I saw recently that in a nearby area that I went to for work once it had reported to of had nearly 12000 knife crime offences, yes not 12 but 12000, those zeros are not a typo, what on earth are people thinking. When I got up this morning which was very early it was still pitch black out. As time went on it was bright day out and even if it was freezing for some weird reason it wasn't really bothering me. I went to sleep late like always because I had to prepare a few things since I wouldn't be home for the entire day. I got up this morning extra early and not because of work but because my friends were having a ceremony for their hard work and I was invited. While I was very tired this morning I managed to get out of bed much easier than what my friends did from what I was told haha. I made my way to the meeting point and to no surprise my friends were running late and so in the end to make sure we got there in time they called cabs to take us to the event directly. We actually arrived there with plenty of time which I thought would of probably been the case, but better early than late. The ceremony went a lot better than I think any of us expected, when I think a bout it now it was actually very well organised it's just the information on it was lacking big time. After that we hang around for a while talking to others and then we went for a big meal trying many different foods. I thought after food we was going home but my friends wanted to still stop at another place for drinks, finally after that it was over and we all made our way home. It was actually a much more enjoyable and organised day than what I expected and so I really like the outing with friends celebrating their successes. Just a few things that would of many the day better was it to be warmer as it was freezing out and I must say trying so much food made it pricey. There was no snow but the ground continued frozen like the previous few days, it's said to apparently be getting slightly better next week temperature wise. I was also told I done a good job today being the photographer and while I got the photos I just hope they cam out good.


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